$XAUT is reaching an active decision zone where momentum can expand quickly.
$XAUT is sitting close to support, and the next reaction here can define the next intraday move.
Setup LONG $XAUT (max 10x)
๐ฏ Entry: 4036 - 4068
๐ SL: 4002
โ TP1: 4109
โ TP2: 4161
โ TP3: 4222
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Do you prefer the breakout on $XAUT , or the retest entry?
$XAUT is trading near a pressure area where weak bounces often get sold quickly.
$XAUT is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4014 - 4063
๐ SL: 4074
โ TP1: 3974
โ TP2: 3918
โ TP3: 3862
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Would you fade the bounce on $XAUT , or wait for the breakdown?